Currency Markets

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 1 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, as gains in crude oil and broad weakness in the United States dollar internationally provided support. At 8:35 a.m. CST Thursday morning the Canadian dollar was at US$0.7449 or US$1=C$1.3425, which compares with Wednesday’s close of US$0.7403 or US$1=C$1.3508. Comments from […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was stronger on Wednesday, seeing a recovery after weakening sharply on Tuesday. The Canadian dollar settled at US$0.7403 or US$1=C$1.3508 on Wednesday, which compares with Tuesday’s close of US$0.7365 or US$1=C$1.3578. Comments from United States Federal Reserve chair Jerome Powell indicating the U.S. central bank would be taking a less […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Nov. 30 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, seeing a modest correction after falling to four-week lows relative to its United States counterpart on Tuesday. At 8:41 a.m. CST Wednesday morning the Canadian dollar was at US$0.7409 or US$1=C$1.3497, which compares with Tuesday’s close of US$0.7365 or US$1=C$1.3578. […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar dropped to its weakest level of the past month relative to its United States counterpart on Tuesday. The softness in the currency came despite relative solid gross domestic product data, with merger and acquisition money flows thought to be behind some of the activity. The Canadian dollar settled at US$0.7365 […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Nov. 29 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, as domestic inflation data failed to live up to expectations. At 8:39 a.m. CST Tuesday morning the Canadian dollar was at US$0.7380 or US$1=C$1.3550, which compares with Monday’s close of US$0.7433 or US$1=C$1.3453. Canada’s gross domestic product was up by […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 28 (MarketsFarm) – The Canadian dollar was weaker on Monday, as protests in China over the country’s strict COVID-19 lockdown measures raised concerns in global financial and commodity markets. The Canadian dollar settled at US$0.7433 or US$1=C$1.3453 on Monday, which compares with Friday’s close of US$0.7476 or US$1=C$1.3377. Crude oil initially […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Nov. 28 (MarketsFarm) – The Canadian dollar was weaker Monday morning, as losses in crude oil weighed on the energy-linked currency. At 8:45 a.m. CST Monday morning the Canadian dollar was at US$0.7430 or US$1=C$1.3459, which compares with Friday’s close of US$0.7476 or US$1=C$1.3377. Protests in China over the government’s strict […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar stepped back a little on Friday as the United States dollar remained firm and crude oil prices were lower. The loonie closed at US$0.7476 or US$1=C$1.3377, compared to Thursday’s close of US$0.7497 or US$1=C$1.3338. On the U.S. Dollar Index, the greenback was […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 25  (MarketsFarm) – The Canadian dollar was lower on Friday morning, losing ground to a higher United States dollar. As of 8:37 am CST, the Canadian dollar was at US$0.7473 or C$1.3381, compared to Thursday’s close of US$0.7497 or C$1.3338. On the U.S. Dollar Index, the greenback gained […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar was higher on Thursday due to a report from Statistics Canada, the United States markets being closed for the Thanksgiving holiday, and movement in the U.S. dollar. The loonie closed at US$0.7497 or US$1=C$1.3338, compared to Wednesday’s close of US$0.7467 or US$1=C$1.3392. […] Read more